SUI drops to $3.8 – Adjustment or the start of a distribution cycle?

After reaching a short-term peak above $4.2, SUI has dropped to around $3.8, causing many investors to worry about the growth momentum of this ecosystem. However, a closer analysis may suggest that this is just a technical adjustment after a rapid increase.

On-chain data shows that whales have not withdrawn, but profit-taking activity from average wallets has begun to appear. At the same time, pressure from the token unlock scheduled for May has raised concerns about a sudden increase in supply.

Nevertheless, DeFi trading volume on SUI remains high, especially for meme coins operating on this network. If it manages to hold the support range of $3.6–$3.8, SUI could very well accumulate again to continue its upward cycle.

#SUI🔥 #AltcoinDip #priceanalysis s #Web3Chain #Crypto2025 $SUI